Stock analysts at HSBC initiated coverage on shares of Gamesa Corporacion Tecnologica SA (NASDAQ:GCTAF) in a note issued to investors on Tuesday. The firm set a “buy” rating on the stock.

Gamesa Corporacion Tecnologica SA (NASDAQ:GCTAF) opened at 20.91 on Tuesday. The company has a 50-day moving average price of $21.66 and a 200-day moving average price of $21.41. Gamesa Corporacion Tecnologica SA has a 12-month low of $14.80 and a 12-month high of $24.55. The stock has a market capitalization of $5.79 billion and a PE ratio of 21.87.

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About Gamesa Corporacion Tecnologica SA

Gamesa Corporacion Tecnologica SA is a Spain-based company engaged in the renewable energy equipment manufacture. The Company specializes in the promotion and development of wind farms, as well as the engineering, design, production and sale of wind turbines. Its activities are divided into two business segments: Wind Turbines and Operation and maintenance (O&M).

5 Day Chart for NASDAQ:GCTAF

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